Anglo Asian Mining Share Discussion Threads

[jbravo2] 03/8/2017 21:51

Strapped in and sitting comfortably. :)
Could be about to have another rush to 34p like you say matt.
I'm sure theres a few feeling a bit stale since we were last there quite a long time ago for AIM. Only doubt is we have far fewer of the "trading crowd" than most of the threads so it might stick and rush past or it still might take a couple of goes because of the time passed but with this half being the strong production half it'll certainly go this year.

The interesting stuff is our buyer.
The price of the after hours trades could make them sells today but the action on the day overall would suggest otherwise. It's like the orders for them were in a bit earlier and the price rose to take account of them, but they weren't shown as delayed trades. All a bit obscure as I'm sure its meant to be.
I'm sure someone has told an MM of what they want and how they want to buy it.
i.e. let the sales build up in a day and we'll take em at the end, only its been a bit more difficult the last few days as the market is buying too. I've had 40k in the last 2 weeks.


As a more light hearted aside, remember resourceful??
About 15 months ago, he was crowing about offloading 1m at 7p.
Doh!
No wonder the sellers have stopped advertising their sales, just in case they have to pay more to get back in. :)
Have to doff my hat to jeanesy! He made a brave and correct call. Out at 24-25 and back in at 19-20?

[mattjos] 03/8/2017 21:42

jailbird ... we manufacture a particular machine that is commonly used by the Electric Cable manufacturers around the world. High voltage cable both above ground and under ground and sub-sea.
Prysmian is the biggest in the world but, there are many others.
We are experiencing a big pickup in enquiries and orders from across the world, from this sector, for that machine. It has become very noticeable over the last 12 months & the story is the same .. production for Cable is ramping fast & the manufacturers are having to increase production to meet demand.
Demand is huge from the necessity to interconnect countries and continents to enable grid-switching of renewable power (from place with high winds / high sun to those without) & also the beginning of the infrastructure build ahead of broader EV uptake.
Little wonder Copper is starting to move up .... that demand is going to grow and grow and grow for the next 30-40+ years .. let alone demand for electric motors in the vehicles themselves.
In addition, modern cars have far more internal wiring now as they come with so much more electrical trickery.

We're in a rapid growth phase here for our Copper production, our Silver production and shortly our Gold production.
All good for shareholders

[mattjos] 03/8/2017 20:38

strap in here chaps. I am reasonably sure we're in the early phases of Wave 3 of Major Wave 3.
Obviously cant be 100% sure until we pass 34p but, I don't see why we shouldn't shortly be circa 45p ... then we'd be valued at a huge 17% of the Behre Dolbear IPO valuation!! so, still plenty to go at then.

Threads usually go quiet when folk are hunting for stock

[el_duderino_7885] 03/8/2017 19:31

Matt they ran the buy stops the other night too in silver. Was as high as 16.96! Then crashes or back down to 16.5.

Very clever washing out those buys.

Exactly the same time as the flash crash from a few weeks ago too.

[jailbird] 03/8/2017 19:30

What the Cos Copper reserves ?Lithium , cobalt and copper will gain the most from EVhttps://www.bloomberg.com/news/articles/2017-08-02/electric-car-revolution-is-shaking-up-the-biggest-metals-markets

[2sporrans] 03/8/2017 17:06

fwiw I was quoted 24.1 sell for 10k a few minutes before close; 23.5<>25.0 spread observed.

[mattjos] 03/8/2017 16:11

tried to club gold back overnight ... that did not last long. Back to where it was now

[mattjos] 03/8/2017 16:07

this is being pegged back now ... online bid much more than indicated but the MM's don't want it to rise as they know it will bring in more buying

[jbravo2] 03/8/2017 15:15

Well they'll give you 22.8p for 50k now.
Can only get a quote for 10k to buy and its at 23.875p.
Do we think more buy orders are in for just post close or was that them at 3pm?

[mattjos] 03/8/2017 12:30

23p quick enough. Next move up will be the biggie

[el_duderino_7885] 03/8/2017 11:41

Hmmm it's close Matt. The breakout certainly isn't confirmed and yes if your glass is half full it is simply retesting the line and about to shoot higher.

We'll know in the next week or so.

[mattjos] 03/8/2017 11:27

Irrespective of that, we are now breaking out

[mattjos] 03/8/2017 11:07

Gold has not gone back into penant ... just backtesting the line of previous resistance this week

[terropol] 03/8/2017 10:57

El_duderino, American data today will give us POG direction....Holding back awaiting that.
$1200 will do us fine all day long.
No one knows what the gold price will do in the future...just a guessing game.

JBE81, a 100k trade was booked this morning at 7.15 at 22p, Just had to pay 23 to get a few more.
Looks no more available below that.

[jbe81] 03/8/2017 10:51

Nothing in the auction again, would suggest we are in for a rise in sp

[wrighty46] 03/8/2017 10:47

Yup pog anywhere around these levels will do me just fine. I'm looking forward to the days when we get 5- 10 times the daily volume here, which I don't think are far off. GLA.

[el_duderino_7885] 03/8/2017 10:46

Terropol technically another failed breakout means gold is likely to retest the uptrend line from late 2015 over the next few months. This would put it back below $1,200.

I'm not saying this has to happen but it is a real risk everyone should be aware of.

[celeritas] 03/8/2017 10:24

Exactly, I'm very happy with gold over 1200, its doing wonders for the company.

[terropol] 03/8/2017 10:15

If the company made one $2.5m payment to the share holders... That would be about 10% yield....
That gives you a prospective on our undervaluation...

El_duderino, if gold keeps at this level we are quite happy.
Any more just a big bonus.

[el_duderino_7885] 03/8/2017 09:17

Grrrr gold back in the pennant - another failed breakout.

Some serious manipulation going on in the thinly trades late market hours to force both gold and silver down. Really is outrageous.

We'l have to see how we trade these next few days.

[jbe81] 03/8/2017 09:13

The 20k wasnt in the 8.50 auction, interesting to see now if the share price shoots up or it reappears later.

[jailbird] 02/8/2017 23:00

Enough ramping , stop it guys , I feel like buying more at these prices :-)

[mattjos] 02/8/2017 20:15

Spot on summary jbravo. Could not agree more. Beyond me why more folk have not yet twigged this but, hey, that's ok ... am still picking up £1 coins here for 22p :-). The herd will arrive on a news item at some point in next 12 months.Get the debt down to under $5m or so, consolidate and re-finance it at 6-7% for a 5 year term. The PSA terms mean we'd be daft not to have some debt.This is a productive, profitable ...... & very much a growth company. Reza and Stephen have made that clear.Next target is clearly 100koz equivalent & we could be thereabouts by year end ... latest spring into summer next year.When gold breaks and bases above $1,300 then, we'll have the gold herd here also :-)

[jbravo2] 02/8/2017 19:06

About which bit?...
;)

[jbe81] 02/8/2017 19:05

I think you are right jbravo!